Accountancy
0 view | +0 today
Follow
Your new post is loading...
Your new post is loading...
Rescooped by Tryhorn and hall from AC Affairs
Scoop.it!

Council tax increases despite government incentives

Council tax increases despite government incentives | Accountancy | Scoop.it

More than 40% of councils in England are planning to increase council tax this year, despite being offered cash incentives to freeze bills.

This is despite local authorities being offered money by the government to freeze bills.

However the Chartered Institute of Public Finance and Accountancy (Cipfa) survey suggested that the overall average increase would be less than 1%.

The Local Government Association said it had been a difficult decision for councils in the face of cuts.

Tight budgets

Local authorities in England are being given extra money by central government for the third year running if they freeze bills.

But this time a larger number of councils are increasing council tax (41%) - last year 85% took up the government's offer...


Via @AngloCatalans
more...
No comment yet.
Scooped by Tryhorn and hall
Scoop.it!

Britain's biggest companies see tax bill drop 18 percent in 2012

Britain's biggest companies see tax bill drop 18 percent in 2012 | Accountancy | Scoop.it
LONDON (Reuters) - The corporation tax bill for Britain's biggest companies tumbled by 18 percent last year, despite a rise in profits, PricewaterhouseCoopers (PwC) said on Tuesday.The accountancy firm's...
more...
No comment yet.
Rescooped by Tryhorn and hall from AC Affairs
Scoop.it!

HMRC to close all of its 281 Enquiry Centres

HMRC to close all of its 281 Enquiry Centres | Accountancy | Scoop.it

The UK tax authority is to close all of its 281 Enquiry Centres which gave face-to-face help to 2.3 million people with tax queries last year.

The move in 2014 by HM Revenue and Customs (HMRC) will put 1,300 jobs at risk, although the authority aims to deploy these staff elsewhere.

The centres will be replaced by a telephone service and home visits, to save HMRC £13m a year.

But an accountancy body said some "very vulnerable" people could be affected.

"While we wish HMRC success in saving costs and making their brave new world of roving enquiry staff work, we wonder whether the timing of this change will come to haunt them," said Chas Roy-Chowdhury, head of taxation at the ACCA.

"One wonders whether this should really happen to a later and longer timetable to take account of the wide ranging changes to the tax and benefits system"...


Via @AngloCatalans
more...
No comment yet.